Nine months ago, President Donald Trump brushed off growing criticism of his escalating trade war with China and a host of traditional American allies. “When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with,” he tweeted, “trade wars are good, and easy to win.”
In recent days, after a “highly successful” working dinner with Chinese Premier Xi Jinping at the G-20 summit, Trump has all but declared victory in the trade war. On Saturday, he described the potential agreement as “one of the largest deals ever made,” and tweeted on Monday:
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